
HOW TO START A HOMEBASED BUSINESS WEBINAR – SATURDAY – Get Registered: www.AskLynn.org π΅
QUESTION: WhY do I need a homebased business?
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ANSWER: βSo you can get ALL of your money back!β π° The government LOVES self-employed business owners and shows that love by providing over 475 tax deductions you could be eligible for (like hiring your kids and other family members, meals out, driving, traveling etc – all in your homebased business that you run like a business with the intent to make a profit ). Why? because small businesses are the engine of world economy. π΅
Hereβs The Harsh Truthβ¦
The rich pay less in taxes (as a percentage of income) than you do. π²
Warren Buffetβs tax rate is famously lower than his secretaryβs. π²
Mitt Romney made $20,000,000 in 2012,
and his tax rate was only 13.9%β¦ the same rate as someone making roughly $50,000 a year. π²
Amazon, which is owned by the worldβs richest man, Jeff Bezos (who is worth a whopping $153 billion!), paid $0.00 in taxes last year! (In fact, they actually got a $160 million REFUND!) π²
Meanwhile…93% of Self Employed People
Overpay Their Taxes Every Year… That statistic comes from a recent article on Forbes.com… π²
Iβve been educating people about the 475 plus tax deductions that apparently only the extremely wealthy have mastered. β
Everything you need to know to jumpstart your homebased business! β
Common Tax Deductions When You Have a Homebased Business
Using Your Tax ID or EIN number
Sole Proprietorship or LLC?
What About My Existing / Other Business
Hiring Your Kids or Other Family Members plus Household Jobs for Kids
Documenting Your Daily Expenses
How to Live Your Life Like a Business π°
Your tax preparer canβt teach you the vast tax code that has over 475 deductions for self employed business owners; itβs not his/her job β you must learn yourself! π°
How to Start a Home Based Business / Sole Proprietorship? Just do it.
www.AskLynn.org or Click the Link in Bio π΅ @lynnrichardson @lynnmillionaire @newwealthuniversity
#LynnsEntrepreneursAcademy
#MyHustleIsBiblical #HowToStartAHomeBasedBusiness #NewWealthUniversity #MarchingOrders #Beyond2020 #entrepreneur #entrepreneurlife
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